Activity Feed Forums General Discussion PMF- Product market fit Reply To: PMF- Product market fit

  • Srisachin K

    Member
    September 7, 2022 at 1:25 pm
    590 Coins

    Hello People,

    1. Retention: The product or service should be viewed as a “must have” by at least 20–40% of users or consumers

    2. Growth engines: At least 3 engines with positive economic units—that is, ones that return more money than they cost—are found and tested. A sticky product or service cannot expand in a sustainable manner if it cannot be marketed at a reasonable customer acquisition cost. 

    3. Strong platforms and processes: When scaling, make sure you can manage an inflow of users or clients.

    Thanks!